Search found 28 matches

by wantrepreneur
Wed Jan 10, 2018 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4678

Re: Early Retirement Math - What I am not thinking of?

Inflation is a point I have thought about. It's an element I cannot control so I cannot worry about it and don't worry about it. 90% of my assets will continue to be in the US and will provide some protection against inflation. I also cannot control USD : INR exchanges rates, so don't worry about it...
by wantrepreneur
Tue Jan 09, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4678

Re: Early Retirement Math - What I am not thinking of?

https://www.madfientist.com/first-year-of-freedom/ Congratulations on your financial independence! At the same time, I understand your hesitation/thoughtfulness surrounding extreme early retirement. You might check out the above link from the Mad Fientist detailing his first year of extreme early r...
by wantrepreneur
Tue Jan 09, 2018 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4678

Re: Early Retirement Math - What I am not thinking of?

On healthcare in India, it's all private and affordable. There is a reasonable health insurance system so we should be okay. @MikeG62 - thank you for confirmation re: using dividends, I will read through the previous posts. I read through a few but will go through more to better understand how other...
by wantrepreneur
Mon Jan 08, 2018 3:11 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4678

Early Retirement Math - What I am not thinking of?

Financial Situation: - Family: Me - 37, Wife - 36, Kid - 14 months - Net Worth: $5.4M - Allocation: 85% Stocks, 10% Bonds, 5% - cash + real estate - Portfolio: VFWAX, VBTLX, VTSAX, VGWAX as per the allocation above. 6% of net worth invested in Indian mutual funds because that's where we live now, an...
by wantrepreneur
Sun Jan 10, 2016 1:30 am
Forum: Investing - Help with Personal Investments
Topic: TLH from VFWAX to VTSAX
Replies: 6
Views: 791

Re: TLH from VFWAX to VTSAX

Thank you everyone for your help. Not a typo - I am considering reducing my exposure to international and take advantage of TLH in the process of that. The reason for that is, I will mainly have foreign sourced income going forward and I will be investing it locally instead of transferring money bac...
by wantrepreneur
Sat Jan 09, 2016 9:56 am
Forum: Investing - Help with Personal Investments
Topic: TLH from VFWAX to VTSAX
Replies: 6
Views: 791

TLH from VFWAX to VTSAX

I have ~$28K worth of loss in VFWAX and can use the simplicity of putting it all in VTSAX. TLH partners listed on the forums are for identical fund type (e.g. international funds for international funds) so I wanted to be sure : Selling VFWAX and buying VTSAX should be okay, right? I am mostly sure ...
by wantrepreneur
Mon Oct 06, 2014 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Real life windfall experiences?
Replies: 23
Views: 5954

Re: Real life windfall experiences?

I am going through a windfall experience for the last 2 years and it will last for another 1 year. The windfall came from a successful post IPO performance of the company I work for. I had joined early enough, in somewhat senior role to get a good grant up front, and performance in following years e...
by wantrepreneur
Tue Sep 23, 2014 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits to remote work, being EXPAT, etc.
Replies: 4
Views: 792

Re: Benefits to remote work, being EXPAT, etc.

Living/working abroad is a wonderful experience but definitely comes with its challenges. My wife and I have done two expat assignments in the last 7 years, and here is what I would recommend based on our experience: 1. Negotiate with your wife's work for them to pay for housing, transport, utilitie...
by wantrepreneur
Tue Aug 12, 2014 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 135
Views: 27919

Re: Renting forever: financial suicide?

My wife and I are in our early 30s, yearly income is more than 250K, but we still rent and will continue to rent as long as we live in Bay Area. Whichever way I run the numbers (specially for condos), it makes more sense to rent than buy at current prices. Also, if you live in Bay Area long enough a...
by wantrepreneur
Tue Aug 12, 2014 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Affording a 1.3 million home?
Replies: 122
Views: 29730

Re: Affording a 1.3 million home?

My wife and I are a couple of years younger, no kids, have almost identical yearly income, and have lived in Bay Area since 2001. Our net worth is $2.6M and we are NOT going to buy a home in the Bay Area. Back in 2010, we seriously considered buying a home, got an offer accepted for a $620K home but...
by wantrepreneur
Tue Jun 03, 2014 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Review my financial health. [Was - Tesla: HELOC vs Loan]
Replies: 115
Views: 11394

Re: Tesla: How is my financial health? and HELOC vs Loan

ssq, I went through a similar situation and ended up buying the car I wanted to, see the thread at http://www.bogleheads.org/forum/viewtopic.php?f=11&t=121804. You can see how the advice is very different in our cases from the same set of bogleheads mainly because of our savings/debt/etc. What helpe...
by wantrepreneur
Mon Jun 02, 2014 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Re: Pursuing your calling in life at what cost?

Thanks again everyone for your thoughts/suggestions/guidance. Here is where I am coming out : I am pursuing a couple of roles within my current company that prepare me better for what I want to do with my life. One of them is in US and another two are in India. If one of them works out, I will stay ...
by wantrepreneur
Wed May 28, 2014 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Re: Pursuing your calling in life at what cost?

Random Poster wrote:How much of your current net worth is easily accessible and reducible to cash and not in a tax-deferred/exempt account?
11% of our net worth is in tax deferred accounts. Everything else is in post tax accounts and easily accessible.
by wantrepreneur
Wed May 28, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Re: Pursuing your calling in life at what cost?

Boy am I glad I had found this forum a couple of years ago! Thank you everyone for your thoughts/inputs/suggestions, this conversation has been immensely helpful in helping shape my thought process. Please keep them coming as I am far from having made up my mind. A couple of clarifications : 1. $450...
by wantrepreneur
Tue May 27, 2014 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Re: Pursuing your calling in life at what cost?

But just an aside, have you checked your AA to determine if it is sufficiently bullet proof to provide you an adequate stream of income in the case the market is bounced around by some extreme events? Sounds as if you have housing taken care of. I have and I will be making the required changes once...
by wantrepreneur
Tue May 27, 2014 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Re: Pursuing your calling in life at what cost?

I have never been able to figure out what my "calling" is life is. How would you know this? It's one constant thing I have been passionate about ever since I was 12-13 years old and become really happy when I picture myself doing it for rest of my life. To some extent, it's a feeling that you get -...
by wantrepreneur
Tue May 27, 2014 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Pursuing your calling in life at what cost?
Replies: 58
Views: 6492

Pursuing your calling in life at what cost?

We are a 33 year old couple (no kids) with $2.3M in net worth, no debt. My wife and I are both in jobs that we are good at but don't see it as our calling in life. For my wife, it's various forms of art and my income/our net worth has put us in a position where she is going to leave her job in the n...
by wantrepreneur
Wed Mar 26, 2014 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Buying first home in SF - gut check
Replies: 93
Views: 14194

Re: Buying first home in SF - gut check

It seems like you want a Yes for an answer so go ahead and buy the house. It's your life, your money, and you should do whatever you want with it. That being said, I am very much in the same situation as yours, we probably work at the same company, but I am five years older. My wife and I decided to...
by wantrepreneur
Thu Dec 26, 2013 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Any tips for avoiding large tax bill?
Replies: 4
Views: 781

Re: Any tips for avoiding large tax bill?

I am def going to pay state taxes before 12/31 and carry that forward but federal liability is the one I am worried about. If I donated 100K to a qualifying charity, is that entire amount tax deductible when I file my taxes for 2013 in March? I know I shouldn't be asking for tax advice but just curi...
by wantrepreneur
Thu Dec 26, 2013 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Any tips for avoiding large tax bill?
Replies: 4
Views: 781

Any tips for avoiding large tax bill?

I have had significant income due to stock options vesting over the last two years but since I wasn't on international assignment for most of that period, I didn't have to calculate estimated taxes until Q4 2013. My accountant did that and bill came out to $120K ($112 for Fed + $8K CA state). It's d...
by wantrepreneur
Wed Nov 27, 2013 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 7494

Re: When do you stop worrying about saving?

Thanks again everyone for your advice. Over the last year, we have definitely started living in the present much more than in we did in our twenties. No regrets however because of time value of money worked in our favor. Having read through everything so far, we seem to be doing a lot of it already....
by wantrepreneur
Tue Nov 26, 2013 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 7494

Re: When do you stop worrying about saving?

Thank you so much everyone for your thoughts and advice. Diversity is a key feature of these forums and very evident in this thread :) My takeaways: -- I am not a chronic worrier but because I knew little about how to invest until I discovered bogleheads, I worry about it. -- I will try and not worr...
by wantrepreneur
Mon Nov 25, 2013 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 7494

Re: When do you stop worrying about saving?

When your portfolio gains at least 3 times your gross wage income in a year, that's when you stop worrying about saving. You continue to save, but you do stop worrying. Just to make sure I understand you correctly - I make 100K a year but my investments return $300K a year - that's when I stop worr...
by wantrepreneur
Mon Nov 25, 2013 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 7494

When do you stop worrying about saving?

I will never stop saving but wondering if people have found a point past which they have tried to save as much as they can without constantly questioning what they were saving was enough. The reason I am asking is, I feel I won't know when that point arrives for me if such a stage exists in life. My...
by wantrepreneur
Tue Aug 20, 2013 2:21 pm
Forum: Personal Consumer Issues
Topic: Being too stingy? [Purchasing a car]
Replies: 35
Views: 4748

Re: Being too stingy? [Purchasing a car]

tadamsmar wrote:What cars are you driving now (make, model, year)?
Don't have any cars right now - just came back from an international assignment.
by wantrepreneur
Tue Aug 20, 2013 2:20 pm
Forum: Personal Consumer Issues
Topic: Being too stingy? [Purchasing a car]
Replies: 35
Views: 4748

Re: Being too stingy? [Purchasing a car]

I am finally getting the car! This thread definitely helped me answer the "why" question more clearly - I want it because it's a fun car to drive (not fast, but if I am going to Tahoe, I will enjoy the curves) and will also serve as a good family car whenever I have a kid (compared to my two door I ...
by wantrepreneur
Mon Aug 19, 2013 10:57 pm
Forum: Personal Consumer Issues
Topic: Being too stingy? [Purchasing a car]
Replies: 35
Views: 4748

Re: Being too stingy? [Purchasing a car]

Thank you everyone for your thoughts/opinions/encouragements/discouragements :) I will most likely end up going for it, but will let you guys know what happened. To answer a couple of questions asked by others in this topic - what I have right now did come from my salary, taking aggressive job assig...
by wantrepreneur
Mon Aug 19, 2013 7:48 pm
Forum: Personal Consumer Issues
Topic: Being too stingy? [Purchasing a car]
Replies: 35
Views: 4748

Being too stingy? [Purchasing a car]

I have been a boglehead for the last couple of years and can't be happier. But I may have taken "saving for the future" a little too seriously so wanted to get a reality check from this group. My wife and I are both 32, debt free, and have early seven figures in stocks + bonds + cash. Only possible ...